Form 4: Koppers Holdings Inc. Director Andrew D. Sandifer Reports Acquisition of Restricted Stock Units

Director Andrew D. Sandifer reports acquisition of 4,778 Restricted Stock Units (RSUs) in Koppers Holdings Inc. on May 8, 2025.

Summary

• On May 8, 2025, Andrew D. Sandifer, a director of Koppers Holdings Inc., acquired 4,778 Restricted Stock Units (RSUs).
• These RSUs represent the right to receive shares of common stock on a one-for-one basis.
• The RSUs become payable according to the election of payment designation that was filed by the reporting person subject to the Koppers Holdings Inc. Director Deferred Compensation Plan.
• Payment will be either lump sum or in annual installments commencing on the May 31st next following the reporting person's separation from service (as defined under the Plan) or, if later, and elected by the reporting person at the time he/she first elects to defer any payment under the Plan, May 31st of the year specified by the reporting person.
• Following the transaction, Sandifer directly owns 6,857 derivative securities.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not inherently convey positive or negative sentiment. It simply reports a transaction.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The RSUs will be paid out either in a lump sum or annual installments following the director's separation from service, according to the terms of the Koppers Holdings Inc. Director Deferred Compensation Plan.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, in their company's stock. This allows investors to monitor insider sentiment and potential alignment of interests.

Stakeholder Impact

• The acquisition of RSUs by a director can be viewed positively by shareholders as it aligns the director's interests with the company's long-term success.

Key Dates

Keywords

Koppers Holdings Inc., Andrew D. Sandifer, Restricted Stock Units, RSUs, Director, Beneficial Ownership, Form 4, Acquisition, Deferred Compensation Plan